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extension in six months or so, after congress can identify more cuts. on face the nation, ears senator jon kyl said that would satisfy the republican aim of offsetting any increase in the debt ceiling with equal or greater cuts in spending. >> if we can reduce spending by a trillion dollars, then we extend the debt ceiling a trillion dollars worth and that would take it at least through the end of this year. >> but the president warned on friday he would veto that approach. president obama called for an increase in the debt ceiling. >> we have to extend this debt ceiling through the next election, into 2013. >> treasury secretary time geithner argued today that anything less would inject too muchen certainty into a weak dme. >> we can't adopt a approach that leaves the threat of deal hanging over the country. that would be deeply irresponsible to do. >> both sides blame the other for dragging the economy to the brink over of all things raising the debt ceiling, a typically uneventful affair congress has successful carried out more than 70 times. >> i would just say to to speaker boehner th
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